Socialism vs. Capitalism

[Filuwaúrdjan]

Kenyes (Socialist)

lol

[Filuwaúrdjan]

Sneering aside, let's try to take this semi-seriously... but that's impossible as it's hard to tell what's meant by any of the terms.

Deregulated Capitalist Economy: this could mean several different things; from laissez faire to the system of advanced-capitalism-with-minimal-regulation seen currently in the U.S.
Regulated Capitalist Economy: this could mean, literally, almost anything. A meaningless term.
Mixed Economy: again, what's meant here? The basic economic structure of most of Western Europe during the Golden Age of Capitalism? The economic structure of the U.S during the same period? (very different!). Any system that incorporates a proper sized Welfare State?
Socialist Economy: again... I mean, does this mean the economic structure of the future (?) Socialist Commonwealth? The sort of economic structure that might have emerged in Britain had Labour won the 1951 election or of certain Northern European countries around the same time? The basic economic structures of Western Europe during the Golden Age of Capitalism? The economic structure of the Soviet Union?

[Filuwaúrdjan]

neither one nor four have ever existed and 2/3 are the same thing.

No, one has certainly existed in the past (and does exist in parts of the Third World). Not much fun if you're a prole, though.

[Filuwaúrdjan]

neither one nor four have ever existed and 2/3 are the same thing.

No, one has certainly existed in the past (and does exist in parts of the Third World). Not much fun if you're a prole, though.

I dare you to give one example. I would argue not only that no 100% unregulated capitalist states have existed, but also that none (that I'm aware of anyway) come even close enough to be accurately labelled as such.

I'll give you an example that I'm very familiar with.

There was no regulation of industry (or, bluntly, of almost anything else; urban issues being especially "fun") in Britain during the first few decades of industrialisation and no effective regulation until much later even than that. This is not opinion, this is fact. Now you can point to various things (almost all meaningless things) around the margins, enough to claim that it wasn't "100%" (whatever that means) but the basic point stands. It was unregulated, unfettered, unrestrained capitalism.

[Filuwaúrdjan]

I suspect you are thinking of unregulated as in rich people being able to treat poor people however they want.

To a point, but there's more to it than that. I mean capital, industry, etc (whatever, the name isn't important) being about to treat anyone and anything in any just about any way that it/ they/etc feels like.

You must be logged in to read this quote.

But then you aren't thinking about capitalism (as it has existed and as it does exist) so much as a sort of market-utopia.